6. Monitor and annually recommend updates to the Consolidated Plan Priorities for allocation of federal housing and community development resources.

7. Recommend annual production and performance goals to carry out PHB’s Strategic Plan and the Consolidated Plan.

8. Press PHB to implement its commitment to equity in all facets of its work.

B. Budget Review and Recommendations.

1. Function as the Budget Advisory Committee for the Portland Housing Bureau.

2. Assist PHB to align its resources from all sources to its mission and priorities.

3. Identify opportunities for PHB to influence other public agency budgets and proposed work programs in furtherance of its mission.

C. Resource Development. Assist PHB to identify and recommend ways to increase the resources available to maintain and expand the supply and availability of affordable housing and necessary support services through new initiatives and programs.

D. Program Development and Evaluation.

1. Advise PHB on the effectiveness of housing programs at meeting PHB’s mission.

2. Advise on strategies for investment of public resources in furtherance of the PHB’s mission.

E. Public-Private Partnerships.

1. Advise PHB on strategies to improve access to public and private sources of financing for affordable housing initiatives. Sources of financing include banks, philanthropic institutions and other socially-motivated investors, the State Housing Trust Fund, Block Grant and entitlement funders, and bond issuing agencies.

2. Foster housing production by identifying opportunities to streamline the regulatory process.